eNaira slowly gains traction post-launch amidst glitches
Nigerian government officials have big expectations regarding the eNaira. Go to Source Powered by WPeMatico
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City of Liverpool takes interest in blockchain-powered food delivery platform
Peepl seeks to enhance adoption by rewarding users with new tokens for every food delivery order. Go to Source Powered by WPeMatico
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe for the public to comment on the draft proposals suggests he wants … Read more
Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 … Read more
What is the worst nightmare that could happen to crypto? Experts answer
What are decentralized-tech representatives most scared of? And what are their deepest fears in the crypto space? Go to Source Powered by WPeMatico
Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in … Read more
Russia’s Constitutional Court Expects to Face Crypto-Related Cases
The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional … Read more
Topps Drops MLB World Series NFT Collection — Championship Game Attendees Can Get NFTs Specific to Each Game
The popular candies and collectibles company Topps has announced the launch of its 2021 Topps NOW MLB World Series non-fungible token (NFT) collection, following the firm’s second series 2021 Topps Baseball NFT collection. Similar to the company’s past NFT drops, Topps is utilizing the Avalanche blockchain network for the new World Series NFT collection. Topps … Read more
Total Value Locked in Cross-Chain Defi Bridges Exceeds $22 Billion, Jumping 48% in 30 Days
On October 29, the total value locked (TVL) in decentralized finance (defi) protocols is around $243 billion with Curve capturing 7.76% of the dominance. Meanwhile, as ethereum has the largest dominance of TVL in defi, a number of alternative blockchains are seeing significant increases every week. Moreover, the TVL in cross-chain bridge technology has reached … Read more
Cardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned
Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has secured since kickstarting Cardano’s African tour in mid-October, 2021. Meetings With Burundi and Zanzibar Leaders Before traveling to Burundi, Hokisnson had visited Zanzibar where he … Read more